Title: Exploring the King Washington Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form Introduction: The King Washington Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that facilitates the transfer of overriding royalty interests from one party to another, specifically in the King Washington region. This comprehensive description examines the various types of assignments falling under this category. 1. King Washington Assignment of Overriding Royalty Interest with Multiple Leases: This type of assignment involves the transfer of overriding royalty interests from the working interest holder to another individual or entity. It typically applies to situations where multiple leases are involved, potentially encompassing different oil and gas properties within the King Washington region. This assignment serves to grant the assignee the right to receive royalties in proportion to their interest in the leases. 2. King Washington Assignment of Overriding Royalty Interest with Limited Warranty: In this form of assignment, the assignor conveys overriding royalty interests to the assignee with a limited warranty. This assures that the assignor has not previously conveyed or encumbered the interests, except as explicitly stated in the document. The assignee receives the interests with limited warranty protection, and the assignor assumes no further liability beyond the limited warranty. 3. King Washington Assignment of Overriding Royalty Interest Out of Working Interest: This assignment refers to the transfer of overriding royalty interests out of the working interest held by the assignor. It involves the assignor relinquishing their percentage entitlement to revenues generated from the specified oil and gas leases in favor of the assignee. The assignee then assumes the responsibility for managing and receiving the royalties associated with the working interest. 4. King Washington Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: This specific form of assignment combines the aspects discussed above. It encompasses the transfer of overriding royalty interests from the working interest holder, involving multiple leases, and is executed with limited warranty protection. The long-form denotes the inclusion of detailed provisions and clauses relevant to the King Washington region and adheres to the legal protocols required for this region. Conclusion: The King Washington Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form consists of various types of assignments tailored to specific scenarios. These assignments enable the transfer of overriding royalty interests, either with or without limited warranty protection, from the working interest holder to the assignee. By utilizing these contracts, parties can effectively manage and transfer their interests in the oil and gas leases within the King Washington region.
King Washington Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form
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